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Sorry i think here is..all i have Question 21 (1 point) Your company is considering a project which will require the purchase of $655,000 in

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Sorry i think here is..all i have
Question 21 (1 point) Your company is considering a project which will require the purchase of $655,000 in new equipment. The company expects to sell the equipment at the end of the project for 25% of its original cost, but some assets will remain in the CCA class. Annual sales from this project are estimated at $232,000. Initial net working capital equal to 29.00% of sales will be required. All of the net working capital will be recovered at the end of the project. The firm requires a 8.50% return on similar investments. The tax rate is 35%, and the project life is 5 years. There are no other operating expenses. Assume the present value of the CCA tax shield is $106,000. What is the project's NPV? $128,324 $131,614 $134,905 $138,195 $141,485

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